The euro continued its notable ascent against the US dollar, achieving a year-to-date high around the 1.0550 mark, primarily propelled by the persistent weakening of the greenback. This upward trajectory was set against a backdrop of significant...
AUD/USD Technical Analysis: AUD/USD is holding around 0.6600, but I’m watching 0.6630 closely—it’s been a tough resistance level. On the H4 chart, the pair is still in an uptrend, but momentum is slowing down. The RSI is hovering near 55,...
When analyzing the USD/JPY currency pair from a daily timeframe perspective, it becomes evident that the current market conditions are rather ambiguous and do not provide a clear direction for trading decisions. Upon closer examination, a key...
AUD/USD Technical Analysis and Trading Decisions (March 10, 2025) The AUD/USD currency pair is showing signs of a potential bullish correction today. Currently, the pair is trading around 0.6309, with technical indicators pointing toward possible...
The British pound (GBP) experienced an upward trend against the US dollar (USD) on Monday, primarily fueled by a general weakening of the dollar and a potential resurgence of capital inflows. The GBP/USD pair retraced its steps towards the 1.2700...